DSCR up to 8 units in Milam, TX

DSCR loan in Milam, TX is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Milam, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Milam, TX

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Milam, TX can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Milam, TX real estate investors have you covered.

Investment Opportunities in Milam, TX

DSCR Loan Benefits in Milam, Texas

DSCR Loan Benefits: A Debt-Service Coverage Ratio (DSCR) loan provides a reliable source of funding for real estate investments. It ensures that property income is sufficient to cover mortgage payments, reducing financial risks and enhancing investment returns.

Demographics: Milam, Texas, is a charming rural town with a population of approximately 1,000 residents. The community is tight-knit, with a mix of families and retirees, offering a peaceful and friendly environment.

Housing Market: The housing market in Milam is stable, with affordable property prices compared to urban areas. The availability of DSCR loans makes it attractive for investors looking to buy rental properties or expand their real estate portfolios.

Main Attractions: Milam boasts picturesque natural surroundings, including the beautiful Toledo Bend Reservoir for outdoor enthusiasts. The town also has historical sites like the Milam Settlers Day festival, offering a glimpse into its rich heritage.

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